UK small-cap RNS · 26 Feb 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

Key = all announcements except routine filings (voting rights, buybacks, holdings, director forms), plus the ones that are part of a situation. Not investment advice.

Sort: Newest · Largest companies

07:01

Quantum Helium Limited QHE £7.7m
Coyote Wash receives formal BIA Approval
Quantum Helium Limited (AIM: QHE) is pleased to announce that it has received confirmation from the U.S.

Project milestones outlook positive +2.9% on the day

Moved: Sagebrush-1 extended flow test: Letter of Credit approved; assignment and operatorship pending → Documents in good standing; BIA approval pending · new: Coyote Wash development – IMDA approved; moving to permitting and planning
07:00

Critical Mineral Resources PLC CMRS £13m
Mining Licence
Critical Mineral Resources is pleased to announce that a Mining Licence has been awarded for Agadir Melloul, marking an important step forward as the Company accelerates development towards production.

Project milestones outlook positive +7.5% on the day

Moved: Agadir Melloul resource and mine development: Drilling ramping up with two rigs → Mining Licence granted; drilling continues
07:00

Pulsar Helium Inc PLSR £144m
Financial and Operating Results Q1 2026 Results
Pre-revenue Q1 filing: $2m drilling spend was covered by $4.1m of warrant proceeds, and the post-period placing funds the next phase. Little new on the asset, since the well results were already announced.

Project milestones £7.4m · 5% of mcapoutlook positive4 acquisitions in 3 months – usually less than 1 +0.0% on the day

Moved: Topaz multi-well drilling campaign: Jetstream #6 drilling; testing from late February → Six wells drilled; Jetstream #7 underway · Quantum Hydrogen acquisition: Three of five tranches issued; 80% pending → Four of five tranches issued · new: Equity placing – Accelerated bookbuild underway
07:00

Jadestone Energy JSE £241m
Guidance and Reserves Update
26 February 2026 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and together with its subsidiaries, "Jadestone" or the "Group") announces its 2026 guidance and end-2025 reserves update.

Project milestones below expectationsoutlook mixed, loweredfirst in 7 months −10.9% on the day

Moved: 2026 guidance and reserves update: Due end of February 2026 → Guidance and reserves published; FCF guidance cut (closed) · Nam Du/U Minh Vietnam development: FDP approved by Petrovietnam; government approval pending → Awaiting government FDP approval; CPR commissioned · new: RBL facility refinancing – Making good progress
07:00

Macfarlane Group MACF £124m
Final Results Results
The £4m buyback begun in June 2025 is partly done, with £2.1m spent by year-end, returning capital while net bank debt is £16.2m.

Turnaround plan with targets £2.1m · 2% of mcapin lineoutlook mixedfirst in 9 months −0.3% on the day

Moved: Pitreavie incident and investigation: operations gradually recovering; £1.2m equipment committed → Investigation ongoing; no provision; £1.2m equipment due Q2 2026 · Distribution performance improvement: improvement actions being implemented → 2026 efficiency and sales actions planned · Pension scheme buy-in: positioning for possible buy-in → £1.9m equalisation charge accrued; buy-in being prepared
07:00

Made Tech Group MTEC £72m
Half-year Results Results
Board says H2 trading is strong and Adjusted EBITDA will be materially ahead of consensus (£4.8m FY26), extending the December revenue upgrade to profit, so forecasts should rise.

Segment turn ahead of expectationsoutlook positive, raised3 business updates in 3 months – usually less than 1 +13.5% on the day

Moved: FY26 guidance ahead of consensus: Guidance raised; backlog to rebuild in H2 → EBITDA now guided materially above consensus · Contracted Backlog rebuild: Backlog down to c.£74.0m; pipeline active → Backlog £74.4m; post-period conversions, awards expected
07:00

Vanquis Banking Group 20 VANQ £181m
Results for the year ended 31 December 2025 Results
Group returns to statutory profit (PBT £8.3m vs £138.0m loss) with ROTE of 2.3% in line with guidance, driven by cost cuts and 22% balance growth, though margin fell on lower-yield Second Charge Mortgages.

Legal & regulatory in lineoutlook positivefirst since Oct 2023 −1.9% on the day

Moved: FCA motor finance redress scheme: Consultation; £3.0m provision recognised → £3.0m provision held; exposure limited · Gateway technology programme: Substantively on track; mobile app launching November → Substantively delivered, completing in 2026
07:00

Mobico Group MCG £246m
Unaudited results for 12 months ended 31 Dec 2025 Results
Adjusted operating profit of £198.0m beat the £180m-£195m guidance, which had been guided to the lower end, helped by Alsa's strong year-end and early cost savings. 2026 guidance of £195m-£210m is higher.

Disposal of a part (break-up) ahead of expectationsoutlook positive, raisedfirst since Oct 2023 +37.1% on the day

Moved: FY2025 Adjusted Operating Profit of £180m-£195m excluding School Bus.: delayed → delivered – FY2025 adjusted operating profit of £198.0m came in above the £180m-£195m range (the range had excluded School Bus). · Reduce covenant gearing to about 2.5x at 31 December 2025.: pending → missed – Covenant gearing at year-end was 2.7x against the target of about 2.5x at 31 December 2025. · Complete School Bus sale by early Q3 2025.: pending → delivered – The NASB sale completed on 14 July 2025, within the early Q3 2025 target, raising £273m for de-leveraging.
07:00

Genus GNS £1,504m
Half-year Results Results
Record H1 with adjusted PBT up 57% (42% excluding the BCA milestone), driven by PIC and ABS VAP savings; this confirms the January upgrade and the outlook is only in line with consensus.

Project milestones £100.0m · 7% of mcapin lineoutlook positivefirst in 7 months −10.4% on the day

Moved: ABS second-half recovery: ABS trading as expected; phasing concern eased → VAP ahead of plan; H1 ABS profit up · new: PRP gene edit commercialisation – Canada approved; Mexico, Japan pending · new: China porcine joint venture – Formed 31 Jan 2026; PIC China deconsolidated
07:00

Strategic Minerals SML £135m
Redmoor - Discovery of New Tin Zone
Redmoor - New Tin Zone Discovery of Scale Confirmed North of Redmoor SVS

Project milestones outlook positive +0.0% on the day

Moved: Redmoor drilling and MRE update: Pad 2 results in; Pad 3 results pending → Pad 3 final hole CRD041 reported; CRD039 delayed
07:00

Hardide HDD £94m
Further significant North American order intake
A further £1.8m of orders lead the Board to expect a further material improvement in FY26 revenues and performance, lifting guidance already raised on 3 February and in December.

Upgrade / downgrade cycle £1.8m · 2% of mcapahead of expectationsoutlook positive, raised +37.5% on the day

Moved: New North American energy customer: Follow-on $1.0m order added to £1.75m → Third order tranche won; framework talks under way · Medium-term revenue doubling target: Q1 FY26 revenue up almost 40%; target reiterated → First milestone now expected ahead of target in FY26